Railway Budget 2011

  • CNNIBN top English news channel on Rail Budget day March 4, 2011

    New Delhi: On the Railway Budget Day, CNNIBN was the No. 1 English News Channel in All India Market with a Market Share of 33 per cent, followed by Times Now with 31 per cent, NDTV 24x7 with 28 per cent, Headlines Today with 8 per cent & News X...
  • Railway Budget 2011: where is the money? February 26, 2011

    New Delhi: Union Railway Minister Mamata Banerjee said, "Its been a tough year... But because of 6th Pay Commission there has been a problem." This is an easy excuse for the bad state of Indian Railways. The fact is Railways is losing money. Railways lost Rs 1500 crore because of disruption...
  • 'Rail budget is an appeal to the voters' February 25, 2011

    Mamata Banerjee has been called a Bengal centric minister post her rail budget speech. ...
  • Highest investment in Railways during 201112 February 25, 2011

    New Delhi: The Rs 57,360crore earmarked in the annual plan for 201112 is the highest ever investment made in a single year for Railways, which runs one of the largest networks in the world. "The annual plan for the year 201112....is the highest ever plan investment...
  • Rail budget bleeds wagon makers' shares February 25, 2011

    MUMBAI : India's railways minister proposed to set up two wagon units with private partners and lowered the annual target for wagon orders, dampening prospects of private sector wagon makers and mauling their shares. Loco transformers maker Hind Rectifiers and wagon maker Kalindee Rail fell to their 52week low. Stone India...
  • Railways spends 42 pc earnings on staff wages February 25, 2011

    New Delhi: Indian Railways, the country's single largest employer, spends 42 per cent of its revenue on staff wages and allowances, while almost twothird of its earnings come from moving goods. Railways in 200910 spent 42 paisa out of every rupee it earned towards paying staff...
  • Rail Budget:Mixed reactions in Bengal February 25, 2011

    The Rail budget presented by Mamata Banerjee has been seen as a fair budget by most. ...
  • Rail Budget not biased towards Bengal: Mamata February 25, 2011

    In her first post Railway Budget interview with CNNIBN EditorinChief, Rajdeep Sardesai, Mamata Banerjee claimed that she has taken the interests of the entire country into account. Rajdeep Sardesai: Hello and welcome, I am joined with the politician of the moment, the countrys Railway Minister Mamata Banerjee, who has just given...
  • Fifty six express trains to be introduced February 25, 2011

    New Delhi: Fifty six new express trains are proposed to be introduced this year. The announcement was made by Railway Minister Mamata Banerjee in her Railway budget 201112. The trains are: RaebareliJaunpur Express (daily) TirupatiAmravati Express (biweekly) via Akola,...
  • Mamata announces nine Durontos, three Shatabdis February 25, 2011

    New Delhi: As many as nine new Duronto trains, three Shatabdi Express trains and doubledecker air conditioned services on two routes were announced by Railway Minister Mamata Banerjee on Friday. The new Shatabdi Express would link PuneSecunderabad, JaipurAgra and LudhianaDelhi while the AC doubledecker services are proposed on JaipurDelhi and AhmedabadMumbai routes. The...
  • Rail Budget: 4 special tourist trains announced February 25, 2011

    New Delhi: To promote rail tourism, four special tourist trains called "Janam Bhoomi Gaurav" will be launched to connect important historical and educational places. These special trains, announced in the Rail Budget today, will ply on the following routes: HowrahBolpurRajgir (Nalanda)Pataliputra (Patna)Varanasi (Sarnath)GayaHowrah BangaloreMysoreHassan (Space Facility, Belur, Halebid, Shravanbengola)HubliGadag(Hampi)Bijapur (Gole Gumbaz) Bangalore ChennaiPuduchcheriTiruchichirappaliMadurai Kanniyakumari...
  • Rail Budget is like WB poll manifesto: BJP February 25, 2011

    New Delhi: BJP on Friday dubbed the Railway Budget presented by Railway Minister Mamata Banerjee as an "election manifesto" for West Bengal Assembly polls which has "ignored" the rest of the country. "Mamata Banerjee's rail budget is like an election manifesto. The entire focus is on West Bengal, and the rest...
  • FICCI hails announcements on PPP in Rail Budget February 25, 2011

    New Delhi: Railways Minister Mamata Banerjee's rail budget on Friday received mixed response from India Inc, which hailed announcements on PPP projects but expressed disappointment at not enough being done for safety and hygiene. Industry body FICCI said it is encouraged by the announcements of expansion of publicprivatepartnership (PPP) projects in...
  • Railway Budget: PM is all praise for Mamata February 25, 2011

    New Delhi: Prime Minister Manmohan Singh on Friday said no increase in freight rates and passenger fares in the Railway Budget would reduce inflation. "It is a common man's budget without increase in freight and passenger fares, thereby it will help to weaken cost push element of inflation," Singh told reporters...
  • For Railways, women get 'old' before retirement February 25, 2011

    New Delhi: The retirement age for a working woman is 60 years, but for Railways, she will become a 'senior citizen' two years before she retires. Railways Minister Mamata Banerjee, while presenting the Rail Budget 201112 in Parliament on Friday, announced that the cutoff age for women to avail the Senior...
  • Highlights of Railway Budget 201112 February 25, 2011

    New Delhi: Railway Minister Mamata Banerjee presented the Railway Budget for 201112 on Friday in Parliament. Following are the highlights of the Budget. * No hike in passenger fare and freight rates. * Highest ever Plan outlay of Rs 57,630 crore proposed for Railways. * Rs. 9,583 crore provided for new lines. * 1300...
  • Mamata presents Rail Budget in a lively manner February 25, 2011

    New Delhi: She jousted and shouted, cajoled and smiled, broke into heavily accented Urdu and Hindi and even recited poetry. It was the quintessential Mamata Banerjee Friday as she read out the railway budget with liberal doses of histrionics that had her audience at the Lok Sabha alternately infuriated and...
  • Rail budget promises growth with human face February 25, 2011

    New Delhi: With highest ever allocation of Rs.57,630 crore ($13 billion), Railway Minister Mamata Banerjee on Friday presented the rail budget for 201112, promising to move fast to build a stronger railroad infrastructure while addressing the needs of the average person. From more money for better safety and several industrial parks...
  • Mamata's WB poll agenda rides on Rail Budget February 25, 2011

    New Delhi: Railway Minister Mamata Banerjee had her eyes firmly on West Bengal assembly election when she presented the Railway Budget 201112 in Parliament on Friday. For the third successive year, the Railway Minister refused to increase passenger fares and freight rates even as she announced many projects for her...
  • Spend more on safety of railways: LV Raju February 25, 2011

    Mamata Banerjee will announce the railway budget on Friday. In an interview with CNBCTV18s Udayan Mukherjee and Mitali Mukherjee, LV Raju, MD, Kernex Microsystems, says he expects more spending on safety from the Railway Minister. "Last year, we didnt get any benefit from the budget. This year, we are expecting...
  • Railway Budget: what passengers expect February 25, 2011

    CNNIBN reaches out to the passengers to know what they expect from Mamata Banerjee. ...
  • Rail Budget 2011: The state of Indian Railways? February 25, 2011

    With just few hours to go for the Railway Budget, we examine the state of the railways, the challenge facing the railway's minister and the future prospects for this institution. CNBCTV18s Karan Thapar discusses the issue with the Former Chairman of the Railway Board, Satish Vaish; Director, International Relations at the...
  • Rail Budget: passengers expect better hygiene February 25, 2011

    Mamata Banerjee is also expected to not increase passenger fare ahead of assembly elections in West Benagal. ...
  • Mamata all set to present 'populist' Rail Budget February 25, 2011

    New Delhi: As Railway Minister Mamata Banerjee readies to present the Rail Budget 201112 on Friday, expectations are high that the budget could be high on populism and low on reforms, as the minister has set her eyes on the Writers' Building in Kolkata. The cashtrapped Railways is unlikely to carry...
  • Mamata unlikely to hike fare in Rail Budget February 24, 2011

    New Delhi: This year's Railway Budget could be high on populism and low on reforms as Mamata Banerjee's interests is in Writers' Building in Kolkata. The Railway Minister, who flagged off over 30 new trains in West Bengal in the last six months alone, would wait till the state assembly elections...
  • Indian Railways face a massive finance crunch February 24, 2011

    Twenty five thousand crore! Twenty five thousand crore, is our surplus, former Railway Minister Lalu Prasad Yadav had thundered on the floor of Parliament while presenting the railway budget in 2008. But when his successor, Mamata Banerjee, presents the ministrys budget later this month, the mood is likely to be sombre. The...
  • West Bengal Minister demands new railway line February 24, 2011

    Kolkata: A Left Front Minister has asked Railway Minister Mamata Banerjee to lay a new line from Krishnagar in Nadia district to Jiagunj in Murshidabad district. Panchayat and Rural Development Minister Anisur Rahaman said, "This line from Krishnagar to Jiagunj via Chapra, Tehatta, Karimpur, Gopalpur, Jalangi and Raninagar will cover two...
  • Success story over, Railways in a financial mess February 23, 2011

    New Delhi: The Indian Railways have been touted as one of the biggest economic turnaround story in the recent times. But CNNIBN found out that railways finances are in a critical state with rising operating ratio and declining cash surplus. Railway Minister Mamata Banerjee presented a white paper in Parliament in...
  • Rail Budget may focus on safety, security February 24, 2011

    New Delhi: Nearly 1.5 crore people use the Indian railways everyday, but the rising number of tragedies on the tracks have exposed a stark reality. Due to a severe crunch in security and safety staff, the Railways said that a zero accident scenario is impossible. The questions on passenger security on...
  • Mamata wants Singur land for rail coach factory February 8, 2011

    Kolkata: Trinamool Congress chief Mamata Banerjee did a Uturn on Thursday saying she wanted industry in Singur. She demanded land for a Railways coach factory in place of the automobile factory in Singur. Addressing a rally on Thursday, Trinamool Congress Chief Mamata Banerjee said there is no need for so much...